Global Medium Chain Triglycerides (MCT) Market Report By Product Type (Lauric Acid, Caprylic Acid, Caproic Acid, And Capric Acid), Applications (Food, Medical, And Other) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2017-2024
ID:VMR11210071
July 2018
Report Formats:
Medium-chain triglycerides (MCTs) are triglycerides whose fatty acids contain an aliphatic tail of 6–12 carbon atoms. These fats are the source of healthy fats that are required by the body. The global MCTs market is primarily driving due to increasing application of MCTs in the food industry worldwide. Moreover, growing adoption of dietary intake among consumer is likely to show enormous growth rate in the years to come. Additionally, the rapidly growing personal care industry is also expected to push the demand for medium-chain triglycerides.
LAURIC ACID IS A DOMINATING SEGMENT
Lauric Acid was leading with a market share of over 30% in 2017. Lauric acid is inexpensive, non-toxic, has a long shelf-life, and is safe to handle. This product is used mainly for the production of soaps and cosmetics products. Some of the studies have suggested that its consumption helps to reduce the cholesterol ratio in the blood which ultimately decreases the risk of cardiovascular diseases. Mainly the growth of the segment can be attributed to the rising demand for personal care & cosmetic industry. Also, its increasing applications as an antibacterial, antiviral or antifungal medicine and its ability to decrease cardiovascular disease and mortality risk in the healthcare sector are further expected to push the segment growth.
FOOD APPLICATION IS LEADING THE MARKET
Food applications segment is dominating the market with over X.X% share in 2017. Medium chain triglycerides are used into drinks, nourishing bars and in energy food. It helps in upgrading the properties of hot and chilly drinks and also utilized as food emulsifiers, and to make particular flavors to improve the food products is driving the segment growth.
ASIA-PACIFIC IS RULING THE GLOBAL MEDIUM-CHAIN TRIGLYCERIDES MARKET
Geographically, Asia-Pacific region was holding the highest market share around 40% in 2017 globally and is projected to experience the significant growth owing to escalating demand from personal care and dietary supplements industry in the region.
MAJOR PLAYERS PROFILED IN THE REPORT:
A&A Fratelli Parodi SRL, ABITEC Corporation, Acme-Hardesty Co., Avik Pharmaceutical Ltd., BASF SE, Britz Inc., Croda International, Dr.Straetmans GmbH, Elementis PLC, Emery AG, Henry Lamotte Oils GmbH, Lonza Group Ltd, Magna-Kron Corporation, Musim Mas Holdings Pte. Ltd., Peter Cremer Holding GmbH & Co. KG, Stepan Company, Sternchemie GmbH & Co. KG, Wilmar International Limited, Wumei Holdings Inc. and Zhejiang Wumei Chemical Product Co.
As per this study, the Global Medium Chain Triglycerides (MCT) Market was valued USD 275.0 MN (by revenue) in 2017 and is anticipated to reach USD 486.8 MN by 2024 with a CAGR of 8.5%. By volume, the market was estimated at XXX KT in 2017 and is expected to reach XXX KT by 2024 with a CAGR of X.X%.
Medium-chain triglycerides are saturated fatty acids that contain an aliphatic tail of 6–12 carbon atoms associated with it. Medium-chain fatty acids (MCFAs) are the fatty acids found in MCTs. They are made up of a glycerol backbone and three fatty acids like all triglycerides. Basically, they are partially man-made fats. They are widely used to treat a common disorder like food absorption disorders including diarrhea, steatorrhea, celiac disease, liver disease, and digestion problems. Moreover, MCTs are also used to treat diabetes.
Market Dynamics
Owing to its various health benefits MCTs are widely used as dietary supplements, infant nutrition, personal care products, and medicinal products. The market of MCT is basically growing on the account of rising health awareness among consumer, growing population base along with the rising demand from the pharmaceutical industry where it is used as excipients in the drug. However, side-effects associated with usage and the high cost of raw material is likely to impede the growth of the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of medium chain triglycerides (MCT).
Market Segmentation
The broad medium chain triglycerides (MCT) market has been sub-grouped into product type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Product Type
- Lauric Acid
- Caprylic Acid
- Caproic Acid
- Capric Acid
By Application
- Food
- Medical
- Other Application
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for medium chain triglycerides (MCT) in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Europe Medium Chain Triglycerides (MCT) Market By Revenue (USD MN)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the medium chain triglycerides (MCT) market includes A&A Fratelli Parodi SRL, ABITEC Corporation, Acme-Hardesty Co., Avik Pharmaceutical Ltd., BASF SE, Britz Inc., Croda International, Dr.Straetmans GmbH, Elementis PLC, Emery AG, Henry Lamotte Oils GmbH, Lonza Group Ltd, Magna-Kron Corporation, Musim Mas Holdings Pte. Ltd., Peter Cremer Holding GmbH & Co. KG, Stepan Company, Sternchemie GmbH & Co. KG, Wilmar International Limited, Wumei Holdings Inc. and Zhejiang Wumei Chemical Product Co. Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
METHODOLOGY:
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.
1. INTRODUCTION
- Introduction To Medium Chain Triglycerides (MCT)
- Report Description
- Objectives Of The Study
- Assumptions
- Research Scope
- Research Methodology
- Data Source
2. EXECUTIVE SUMMARY
- Market Highlight
- Global Medium Chain Triglycerides (MCT) Market: Snapshot
3. MARKET ANALYSIS
- Drivers
- Restraints
- Opportunities
- Porter’s Five Forces Analysis
- Value Chain Analysis
4. MEDIUM CHAIN TRIGLYCERIDES (MCT) MARKET ANALYSIS BY PRODUCT TYPE
- Market In Lauric Acid
- Market In Caprylic Acid
- Market In Caproic Acid
- Market In Capric Acid
5. MEDIUM CHAIN TRIGLYCERIDES (MCT) MARKET ANALYSIS BY APPLICATION
- Market In Food
- Market In Medical
- Market In Other Application
6. MEDIUM CHAIN TRIGLYCERIDES (MCT) MARKET ANALYSIS BY GEOGRAPHY
- North America (NA)
- North America Market Estimates
- North America Market Estimates By Country
- United States (U.S.) Market Estimates By Segments
- Rest Of North America Market Estimates By Segments
- Europe (EU)
- Europe Market Estimates
- Europe Market Estimates By Country
- United Kingdom (UK) Market Estimates By Segments
- Germany Market Estimates By Segments
- France Market Estimates By Segments
- Rest Of Europe Market Estimates By Segments
- Asia Pacific (APAC)
- Asia Pacific Market Estimates
- Asia Pacific Market Estimates By Country
- China Market Estimates By Segments
- Japan Market Estimates By Segments
- India Market Estimates By Segments
- Rest Of Asia Pacific Market Estimates By Segments
- Latin America (LA)
- Latin America Market Estimates
- Latin America Market Estimates By Country
- Brazil Market Estimates By Segments
- Rest Of Latin America Market Estimates By Segments
- Middle East And Africa (MEA)
- Middle East And Africa Market Estimates
- Middle East And Africa Market Estimates By Country
- Middle East Market Estimates By Segments
- Africa Market Estimates By Segments
7. COMPETITIVE LANDSCAPE OF THE MEDIUM CHAIN TRIGLYCERIDES (MCT) COMPANIES
- Market Competition
- Partnerships/Collaborations/Agreements
- Mergers And Acquisitions
- New Product Launches
- Other Developments
8. COMPANY PROFILES OF THE MEDIUM CHAIN TRIGLYCERIDES (MCT) INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
- A&A Fratelli Parodi SRL
- ABITEC Corporation
- Acme-Hardesty Co.
- Avik Pharmaceutical Ltd.
- BASF SE
- Britz Inc.
- Croda International
- Dr.Straetmans GmbH
- Elementis PLC
- Emery AG
- Henry Lamotte Oils GmbH
- Lonza Group Ltd
- Magna-Kron Corporation
- Musim Mas Holdings Pte. Ltd.
- Others
* Tentative TOC
LIST OF TABLES
Table 1. Market Highlights Of Medium Chain Triglycerides (MCT)
Table 2. Global Medium Chain Triglycerides (MCT) Market By Product Types
Table 3. Global Medium Chain Triglycerides (MCT) Market By Application
Table 4. Global Medium Chain Triglycerides (MCT) Market By Geography
Table 5. North America Medium Chain Triglycerides (MCT) Market
Table 6. Europe Medium Chain Triglycerides (MCT) Market
Table 7. Asia Pacific Medium Chain Triglycerides (MCT) Market
Table 8. Latin America Medium Chain Triglycerides (MCT) Market
Table 9. Middle East And Africa Medium Chain Triglycerides (MCT) Market
Table 10. Partnership/Collaboration/Agreements
Table 11. Mergers And Acquisitions
Table 12. New Product Development
Table 13. Other Developments
LIST OF FIGURES
Fig. 1. Market Segmentation Of Medium Chain Triglycerides (MCT) Market
Fig. 2. Top-Down Approach
Fig. 3. Bottom-Up Approach
Fig. 4. Market Highlights Of Medium Chain Triglycerides (MCT)
Fig. 5. Value Chain Analysis
Fig. 6. Porter’s Five Forces Analysis
Fig. 7. Global Medium Chain Triglycerides (MCT) Market By Product Types
Fig. 8. Global Medium Chain Triglycerides (MCT) Market By Application
Fig. 9. Global Medium Chain Triglycerides (MCT) Market By Geography
Fig. 10. North America Medium Chain Triglycerides (MCT) Market
Fig. 11. Europe Medium Chain Triglycerides (MCT) Market
Fig. 12. Asia Pacific Medium Chain Triglycerides (MCT) Market
Fig. 13. Latin America Medium Chain Triglycerides (MCT) Market
Fig. 14. Middle East And Africa Medium Chain Triglycerides (MCT) Market
Fig. 15. Market Share Of Medium Chain Triglycerides (MCT) Companies
Fig. 16. Recent Developments In Medium Chain Triglycerides (MCT) Industry
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
Objectives of Study
- Define and measure the global market
- Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
- Analyze and identify major market trends along with the factors driving or inhibiting the market growth
- Study the company profiles of the major market players with their market share
- Analyze competitive developments
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